Reading Time: < 1 minute CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.
Cow-calf
U.S. livestock: Hog futures close down the daily limit on oversupply
U.S. livestock: Cattle futures lower on dip in consumer demand
Reading Time: < 1 minute CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.
Klassen: Buyers tasting feeder cattle prices for fall run
Reading Time: 2 minutes For the week ending July 2, Western Canadian yearling prices were steady to $5 higher compared to seven days earlier for larger packages. Small groups of 800-pound-plus cattle were $10 to $15 discounted to pen-sized lots. Calf markets were relatively unchanged from the prior week, although volume was limited. There is significant open demand for yearlings and finishing feedlot operators are watching how prices develop.
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
U.S. livestock: Live cattle futures continue rally on steady demand
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
Guelph Cargill strike vote to take place Saturday
Reading Time: < 1 minute Striking workers at Cargill's Dunlop beef processing plant in Guelph have a recommended memorandum of settlement in place and they will vote on the possible deal on Saturday.
U.S. livestock: Cattle futures end higher in light pre-holiday trade
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
Summer Series: Implementing changes that matter
[Change Management] Maybe there used to be one tried-and-true path to farm success. Today, for farmers like Craig and Jinel Ference, it’s about seeking new ideas and getting creative about how to integrate them
Reading Time: 12 minutes Right now, we’re focusing on streamlining, simplifying and making things more efficient,” Craig Ference says. “That’s kind of our next expansion … making what we have a lot better. Improving our production, our land and our cattle to get a better gross margin from our current asset base.” Yup, that’s a farmer. The same or […] Read more
Klassen: Light volumes characterize feeder market
Reading Time: 2 minutes For the week ending June 29, Western Canadian yearling and calf markets were unchanged from seven days earlier. Many auction barns are in holiday mode and volumes were light, making the market hard to define. Late blooming stragglers and off grade calves were common.
U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning
Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors
Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.